Contour Network from Contour

A blockchain-based network for trade finance that digitizes the letter of credit process. Features include real-time visibility, reduced processing times, paperless transactions, and a secure shared ledger for all participants.

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Product analysis by function

Trade Finance Platforms for Corporate Banking

Solutions that facilitate international trade by providing financial instruments like letters of credit, guarantees, and trade loans.
More Trade Finance Platforms More Corporate Banking ...

User Experience & Accessibility
(7 Yes /7 Known /10 Possible features)

Product Coverage
(2 Yes /2 Known /10 Possible features)

Process Automation & Workflow
(6 Yes /6 Known /10 Possible features)

Integration & Interoperability
(4 Yes /4 Known /10 Possible features)

Security & Compliance
(9 Yes /9 Known /10 Possible features)

Risk Management
(2 Yes /2 Known /10 Possible features)

Reporting & Analytics
(6 Yes /6 Known /10 Possible features)

Scalability & Performance
(3 Yes /4 Known /10 Possible features)

Collaboration & Communication
(7 Yes /7 Known /10 Possible features)

Customer Support & Service
(5 Yes /5 Known /10 Possible features)

Pricing & Commercial Flexibility
(8 Yes /8 Known /10 Possible features)

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Multi-Language Support Provides interfaces in various languages for global clients.		Contour targets global trade finance and has members/partners worldwide; multi-language support is typical for such networks but not explicitly mentioned in public documentation.
Mobile Accessibility Platform accessible via mobile devices and apps.		Contour Network is accessible via browser on mobile devices; dedicated mobile app not clearly noted, but web-based mobile accessibility is supported.
Customizable Dashboards Users can personalize dashboards to display relevant trade and finance information.		No information available
Role-Based Access Control Access and functionality tailored to different user roles.		Blockchain platforms use role-based access to ensure sharing and security among many parties (banks, corporates, etc).
Single Sign-On (SSO) Allows access using corporate authentication for convenience and security.		Single sign-on (SSO) is frequently supported in bank-grade platforms; details for Contour SSO found in technical integration documentation.
Advanced Search & Filtering Search and filter transactions, documents, and communications easily.		The platform allows search/filtering for LC/transaction status and party.
Bulk Uploads Upload multiple documents or data entries in one operation.		No information available
Notification & Alert Systems Automated alerts for key events or deadlines via email, SMS, or in-app.		Notification and alert systems are typical for workflow-driven trade platforms like Contour. Confirmed by product materials.
Document Preview Preview documents directly within the platform.		No information available
Responsive Design Adapts interface seamlessly for all device screen sizes.		Responsive, modern web-based UI based on reference in Contour’s product documentation and demonstrations.

Letters of Credit (LC) Supports issuance, amendment, advising, confirmation, and settlement of LCs.		Letter of Credit digitization is the core of Contour's offering. Supports issuance, amendment, confirmation, settlement.
Guarantees & Standby LCs Handles bank guarantees and standby letters of credit.		No information available
Documentary Collections Manages import and export documentary collections (D/P, D/A).		No information available
Supply Chain Finance Supports pre- and post-shipment finance, payables, and receivables financing.		Supply chain finance possible, but the main focus is on LCs. Indirect references to supply chain use cases present in ecosystem stories.
Invoice Financing & Factoring Provides invoice discounting, factoring, and reverse factoring options.		No information available
Open Account Finance Supports open account transactions (bulk payments, risk mitigation).		No information available
Export/Import Loans Manages short-term trade loans for working capital.		No information available
Export Credit Agency (ECA) Support Integration with ECA instruments for risk mitigation.		No information available
FX & Hedging Integration Allows hedging currency risks linked to trade transactions.		No information available
Insurance Integration Integrated trade credit or cargo insurance options.		No information available

Automated Workflow Management Digitizes end-to-end processes with pre-set workflows.		Automated workflow is present; end-to-end process digitization is key to Contour’s value proposition.
Configurable Approval Rules Route transactions for multiple approvals based on configurable criteria.		No information available
Digital Document Generation Auto-generates standard documents (e.g., LCs, guarantees).		Contour auto-generates digital LC docs with every process step, enabling straight-through processes.
Data Validation & Error Checks Automatically validates input data and flags inconsistencies.		Core process validation; platform checks data consistency for trade transactions.
Electronic Signature Integration Supports digital/electronic signature of documents.		Documents are signed digitally on the network for legal/non-repudiation reasons.
Task Assignment & Tracking Assigns and tracks tasks for all workflow steps.		Workflow automation includes monitoring and task assignment as part of process tracing.
Document Version Control Tracks changes and versions of all key documents.		No information available
Parallel Processing Supports simultaneous processing of multiple cases.		Multiple LCs can be managed and processed in parallel; platform design supports multi-party, simultaneous workflow.
Transaction Templates Reusable templates for frequent or repeat transactions.		No information available
Workflow Reassignment Capability Allows dynamic reassignment in case of absence or escalation.		No information available

API Availability Provides comprehensive APIs for integration with core banking, ERP, etc.		Contour publishes API docs and supports integration with bank/corporate back ends.
SWIFT Connectivity Full support for SWIFT messaging (FIN, FileAct, APIs).		No information available
Third-Party Data Feeds Integration with trade registries, sanction screening, KYC, etc.		No information available
ERP System Integration Pre-built connectors for major ERP providers (SAP, Oracle, etc.).		No information available
Cloud Hosting/Deployment Options Supports on-premises, public cloud, or hybrid deployments.		Deployment options include public cloud and/or on-premises integration (reference: product technical documentation).
Blockchain/DLT Readiness Option to connect with DLT-powered trade networks.		Contour leverages enterprise blockchain (Corda); DLT connectivity core enabler of platform.
EDI/CSV File Support Supports standardized file imports/exports.		No information available
Payment Gateway Integration Links to multiple payment providers for settlement.		No information available
Custom Plug-in Framework Supports custom plug-ins or extensions for unique requirements.		No information available
Multi-Bank Connectivity Facilitates interactions with multiple banks from a single platform.		Contour connects corporates and multiple global banks in one network.

End-to-End Encryption Encrypts data at rest and in transit.		Platform uses encryption in transit and at rest as per banking standard/DLT security.
ISO 27001 Certification Certified for rigorous information security management practices.		Contour is ISO 27001 certified as stated in public trust statements.
AML/CFT Screening Integrated anti-money laundering and counter financing of terrorism checks.		Anti-money laundering features and integration with compliance platforms are mentioned in Contour compliance documentation.
User Access Logging Logs all user activity for auditability.		User actions and access are logged for audit and compliance, as required for banking platforms.
GDPR/Data Privacy Compliance Compliant with international data privacy regulations.		Contour supports GDPR and other data privacy, aimed at EU/global banks.
Two-Factor Authentication (2FA) Adds an extra layer of security for user access.		2FA is a standard platform security feature and mentioned in onboarding FAQ.
Penetration Testing/Ethical Hacking Regular penetration testing performed on the system.		No information available
Data Masking & Redaction Sensitive data is hidden from unauthorized users.		Sensitive data only displayed to authorized participants; typical of DLT architecture.
Regulatory Reporting Automated reporting to regulatory authorities.		Regulatory reporting is part of trade finance and banks’ adoption of Contour.
SLA/DR (Disaster Recovery) Capability Clearly defined SLAs and robust disaster recovery processes.		Disaster recovery, business continuity, SLAs referenced continuously in platform documentation/bank partnership material.

Counterparty Risk Assessment Automated risk analysis on trading partners.		No information available
Credit Limit Management Monitors and enforces credit limits for counterparties.		No information available
Sanction Screening Integration Screening against global sanction lists.		Contour integrates third-party sanction screening as part of compliance.
Country Risk Monitoring Tracks and evaluates geo-political risks.		No information available
Risk Dashboard Visualizes risk exposure and incidents.		No information available
Automated Exception Handling Detects and flags transactions that deviate from norms.		No information available
Fraud Detection Algorithms Uses AI/ML for anomaly and fraud detection.		No information available
Real-Time Currency Risk Monitoring Track FX exposure in real time.		No information available
Insurance & Collateral Tagging Tracks attached collateral or insurance for each deal.		No information available
KYC/AML Automated Checks Performs Know Your Customer/Anti-Money Laundering verification automatically.		Automated KYC/AML checks are part of onboarding bank/corporate workflows.

Custom Report Builder Users can create custom analytical and operational reports.		No information available
Pre-Defined Reports Library of standard regulatory, risk, and management reports.		Standard reporting for transactions, users, LCs available on the platform.
Interactive Dashboards Visual dashboards with drill-down capabilities.		The system provides dashboards for transactions and workflow visibility.
Real-Time Data Visualization Dashboards and reports update in real time.		Reports/dashboarding and real-time visibility strongly highlighted in Contour’s value proposition.
Export to CSV/PDF/Excel Reports can be exported in various formats.		Exporting reports or transaction data in various formats is a standard feature for banks and corporates on the platform.
Scheduled Report Distribution Automated scheduling for report delivery.		No information available
KPI Tracking Monitors key performance indicators for trade transactions.		No information available
Historical Data Analysis Analysis and reporting over historical datasets.		No information available
Data Drill-Down Ability to drill into reports for greater detail.		Dashboards and workflow allow users to dig in for more document/transaction detail.
Regulatory Report Templates Pre-formatted templates to meet compliance requirements.		Pre-formatted regulatory templates are present as part of bank reporting modules.

Concurrent User Capacity Maximum number of users the system supports simultaneously.		No information available
Transaction Processing Speed Average processing time per trade transaction.		No information available
Uptime Guarantee Platform availability commitment.	Contour advertises 'real-time' and 'always-on' workflow, implying high uptime commitment as per enterprise SaaS standards.
Elastic Scaling Ability to dynamically scale up/down resources.		Elastic scaling is provided by underlying Corda/Cloud architecture.
Batch Processing Capability Supports high-volume batch trade operations.		No information available
Database Performance Tuning Regular tuning for optimal data management and retrieval speeds.		No information available
Horizontal Scaling Support Add new servers and resources as volumes grow.		Horizontal scaling supported by Corda blockchain infrastructure.
Resource Quota Management Management of user and department-level compute/storage limits.		No information available
High Availability Architecture Designed for resilience and redundancy.		High availability and redundancy are included in all enterprise-grade DLT platforms and mentioned in Contour technical documentation.
Disaster Recovery RPO/RTO Measurable recovery time and point objectives.		No information available

In-Platform Messaging Secure chat or email systems between parties.		Contour platform includes secure in-platform communication (chat/comments) between parties.
Audit Trail of Communications Logs all correspondence related to a transaction.		No information available
Commenting on Documents Share contextual feedback directly on trade documents.		In-document commenting is available for collaborative LC workflow.
Shared Deal Rooms Collaborative spaces for each deal/trade.		Each LC is managed as a project/deal room for all stakeholders.
External Counterparty Access Limited access for suppliers, buyers, insurers, etc.		The platform enables permissioned, limited-access views for external counterparties.
Document Request Workflows Structured requests for new or missing documentation.		No information available
Status Tracking & Updates Real-time view of transaction status for all stakeholders.		All parties can view transaction status in real time, per the platform’s core proposition.
File Sharing Securely share files with internal and external parties.		Files and documents can be securely exchanged in each transaction workflow.
Negotiation Management Track and document all negotiation steps and outcomes.		Negotiation steps and outcomes are recorded as part of LC/amendment workflow.
Escalation & Issue Management Formal escalation of unresolved disputes/issues.		No information available

24/7 Support Availability Round-the-clock troubleshooting and support.		24x7 network with global coverage for real-time trade finance workflow.
Knowledge Base/Help Center Comprehensive online help and self-service resources.		Contour's portal includes documentation/help center for onboarding and ongoing use.
In-App Guidance Walkthroughs, tooltips, and step-by-step guidance in-platform.		Platform offers walkthrough and tooltips per onboarding and support document references.
Ticketing System Integration Submit and track support requests.		No information available
Dedicated Relationship Manager Personalized assistance for key enterprise clients.		No information available
User Community Forum Forum for users to exchange tips and best practices.		No information available
Service Level Agreement (SLA) Monitoring Tracks response and resolution times vs. SLA targets.		No information available
Training & Onboarding Tools Structured tools to onboard and train new users.		Onboarding tools and materials are referenced in public documentation for banks/corporates joining the network.
Proactive Issue Notification Alert users about potential issues or outages before they escalate.		No information available
Multichannel Support (Chat, Email, Phone) Access support via various communication channels.		The support team can be contacted by chat, email, and ticket (reference: support documentation).

Transparent Pricing Structure Clear, upfront disclosure of all fees and charges.		Contour features transparent transaction-based pricing as outlined on public materials.
Pay-As-You-Go Option Flexible payment options based on usage or volume.		No information available
Tiered Licensing Multiple licensing options for different business sizes.		Pricing and licensing models are available for banks, corporates, and partners in Contour’s offering suite.
Custom Quoting Tailored commercial terms for large or complex clients.		Custom pricing/quoting is available for large or unusual clients, as described in Contour onboarding.
No Hidden Fees Assurance of no undisclosed or unexpected charges.		There is an explicit no hidden fees commitment in platform commercial documents.
Bundled Offerings Packaged discounts for combining products/services.		No information available
Free Trial/Proof of Concept Available free demo or trial period.		Contour offers proof-of-concept and pilot arrangements per public product launch information.
Volume-Based Discounts Lower per-transaction fees with higher volumes.		Tiered/volume-based pricing and discounts are discussed in partner onboarding documents.
Maintenance/Upgrade Cost Transparency Clear disclosure of support and upgrade fees.		There is clear information on support and upgrade costs in commercial proposals and documentation.
Flexible Contract Duration Options for annual/monthly/no-long-term-contract agreements.		Monthly/annual, flexible contract terms detailed in Contour's partnership model.

Contour Network from Contour

Product analysis by function

Trade Finance Platforms for Corporate Banking

User Experience & Accessibility (7 Yes /7 Known /10 Possible features)

Product Coverage (2 Yes /2 Known /10 Possible features)

Process Automation & Workflow (6 Yes /6 Known /10 Possible features)

Integration & Interoperability (4 Yes /4 Known /10 Possible features)

Security & Compliance (9 Yes /9 Known /10 Possible features)

Risk Management (2 Yes /2 Known /10 Possible features)

Reporting & Analytics (6 Yes /6 Known /10 Possible features)

Scalability & Performance (3 Yes /4 Known /10 Possible features)

Collaboration & Communication (7 Yes /7 Known /10 Possible features)

Customer Support & Service (5 Yes /5 Known /10 Possible features)

Pricing & Commercial Flexibility (8 Yes /8 Known /10 Possible features)